The savings Bank does not observe the increased demand for foreign currency from clients


Sberbank is ready to promptly provide the necessary amount of products to their customers without loss of service quality, reported the press service of the largest Russian Bank.

MOSCOW, 21 Jan. The savings Bank does not observe the increased demand for foreign currency from their clients, if necessary, ready to provide timely, informed in the press service of the largest Russian Bank.

Russian ruble on Thursday continued to decline sharply against world currencies under pressure of oil prices, updating all new lows. In the course of trading on the Moscow stock exchange the dollar exchange rate broke the historical record in 85 rubles, and the Euro crossed the next maximum from December 2014 to 93 rubles. Brent crude traded near while 28 per barrel.

“At the moment we’re not seeing the increased demand for foreign currency from the Bank’s customers,” said Sberbank.

Also the credit organisation stressed that Sberbank is ready to promptly provide the necessary amount of products to their customers without sacrificing quality of service.

In turn, the second largest Bank assets in the country — VTB — does not fix unusual behavior of their customers due to the devaluation of the ruble, a currency shock in the market and among the population, said the head of VTB Andrey Kostin on the sidelines of the Davos economic forum.